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Athens starts MTFS process with baseline scenario that sees growth slowing down
Economypicking up in 2019 and 2020, with growth rates of 9 percent and 9.9 percent in 2019 and 2020. Equipment... capital formation growth rates of 5.2 percent in 2023, from 11.9 percent this year. Employment The most
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
Economycontained in the budget. A variety of reasons were given for this, including lower growth rates... tax rates would also need to be reduced, along with a strengthening of the public investment programme
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammetax repayments in installments, reduced VAT rates, the return of the 13th pension payment... and corporate tax rates. Regarding the measures proposed by the Greek government for 2020, the EC says
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ND to highlight range of policy proposals after emphasis on tax cuts
PoliticsGreek Politicsthat his aim is for the VAT rates to be 11 and 22 percent, while the reduced rate of 6 percent would... that there would be just two rates. ENFIA property tax will also be reduced by 30 percent over two years
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Moody's holds on rating update stressing need for reform
Economyprospects, given adverse demographics as well as low investment and savings rates.” Additionally... is partially offset “by a benign debt structure with very low interest rates and very long maturities
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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politics, such as lowering marginal tax rates by 2-3 percentage points, the abolition of the trade levy... of the solidarity contribution. The reduction of the two VAT rates, from 24 to 22 percent and from 13
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Fiscal issues top agenda as fourth post-MoU review gets underway
EconomyProgrammewere to be higher than we assumed in our last debt sustainability analysis and interest rates.... The position of the lenders appears to be that Greece will first have to deliver growth rates that exceed
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Overall loan interest rate edges up to 4.68 pct in August
EconomyMacroeconomyand deposit rates widened to 4.42 percentage points from 4.30 percentage points in July. The overall... the spread between existing loan and deposit rates edged down to 3.83 percentage points. The average
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Court verdict on 2016 pension reform seen having fiscal impact
Economy, and the calculation of auxiliary pensions and replacement rates. However, the rulings... to the replacement rates for pensioners who have retired since 2016, under the terms of Katrougalos law
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economy. It has moved since to 1.28 percent as the desire for yield in a negative rates environment in the fixed... to be revisited, such as the replacement rates of supplementary pensions, with the fiscal cost estimated at 300
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